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What would the implications be of not considering the relevant stakeholders in an organisation’s business activities?

What would the implications be of not considering the relevant stakeholders in an organisation’s business activities?

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When relevant stakeholders are not considered when taking decisions regarding business or in business activities, it would have the following implications:

>> There might be hindrances in the future for smooth running of the business. When some stakeholders are ignored, their problems are not known and these problems would create hindrances at later stages

>> Also when stakeholders feel left out, they become less interested in the business and this would badly affect the revenues of the organisation

>> When certain stakeholders are left out, the organisation would miss out another point of view and might miss out certain opportunities because of this

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